Developing New Markets Through CVC Investments
First written in FY2023. 2 of 3 entries say "Advanced", first in FY2024-Q1. Latest entry: FY2024.
15 other companies' latest entry also says "Advanced".
- FY2024AdvancedAnnual report
「In May 2023, the Company established its wholly owned subsidiary 「IFAC合同会社」 and, in June 2023, established 「IFAC投資事業有限責任組合」 through that subsidiary and began investment activities. The primary investment targets are startups and venture companies with outstanding services or business models closely related to the Group’s business fields.」
The CVC investment policy progressed to the establishment of 「IFAC合同会社」 and 「IFAC投資事業有限責任組合」 and actual investment activities. - FY2024-Q1AdvancedAnnual report
「From the first quarter of the fiscal year under review, the Company newly established 「IFAC合同会社」 and 「IFAC投資事業有限責任組合」 for the purpose of investing in construction tech startups and other companies in Japan and overseas, and included them in the scope of consolidation.」
The policy of developing new markets through CVC investment progressed to the concrete execution stage with the establishment of 「IFAC合同会社」 and 「IFAC投資事業有限責任組合」 and their inclusion in the scope of consolidation. - FY2023First statedAnnual report
「Under the medium-term management plan covering FY2022 to FY2024, we are working toward further growth with the goal of deepening existing markets and developing new markets through innovation. To achieve these goals, we will make CVC investments, as well as R&D investments to lead business expansion.」
The medium-term management plan for FY2022 to FY2024 sets out, for the first time in specific terms, a policy of making CVC investments to develop new markets.